Our Tax System Explained in Beers

[jaydub]

This was from another board.....

But since there's just a few beer drinkers here, I thought I'd pass it along.

This IS how are current tax system works. And how the Dem.'s and the media (but I repeat myself) exploit it for headlines.

Democrats idea of redistributing wealth. MUST READ!!!!!!!!!!!!

Suppose that every day, ten men go out for beer and the bill for all
ten comes to $100. If they paid their bill the way we pay our taxes,
it would go something like this:

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, that’s what they decided to do.

The ten men drank in the bar every day and seemed quite happy with the
arrangement, until one day, the owner threw them a curve.

‘Since you are all such good customers,’ he said, ‘I’m going to reduce
the cost of your daily beer by $20. ‘Drinks for the ten now cost just
$80.

The group still wanted to pay their bill the way we pay our taxes so
the first four men were unaffected. They would still drink for free.
But what about the other six men - the paying customers? How could
they divide the $20 windfall so that everyone would get his ‘fair
share?’ They realized that $20 divided by six is $3.33. But if they
subtracted that from everybody’s share, then the fifth man and the
sixth man would each end up being paid to drink his beer. So, the bar
owner suggested that it would be fair to reduce each man’s bill by
roughly the same amount, and he proceeded to work out the amounts each
should pay.

And so the fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 ( 22% savings).
The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four
continued to drink for free. But once outside the restaurant, the men
began to compare their savings.

‘I only got a dollar out of the $20,’ declared the sixth man. He
pointed to the tenth man,’ but he got $10!
”Yeah, that’s right,’ exclaimed the fifth man. ‘I only saved a
dollar, too. It’s unfair that he got ten times more than I!!
”That’s true!!’ shouted the seventh man. ‘Why should he get $10 back
when I got only two? The wealthy get all the breaks!
‘
‘Wait a minute,’ yelled the first four men in unison. ‘We didn’t get
anything at all. The system exploits the poor!!!
‘The nine men surrounded the tenth and beat him up. The next night the
tenth man didn’t show up for drinks, so the nine sat down and had
beers without him. But when it came time to pay the bill, they
discovered something important.
They didn’t have enough money between all of them for even half of the
bill!!!!!

And that, boys and girls, journalists and college professors, is how
our tax system works. The people who pay the highest taxes get the
most benefit from a tax reduction. Tax them too much, attack them for
being wealthy, and they just may not show up anymore. In fact, they
might start drinking overseas where the atmosphere is somewhat
friendlier.

David R. Kamerschen, Ph..D. Professor of Economics University of Georgia.

[birdman941]

Great post.

[AuStang]

Yeah, communism does not work.


Marx's Communist Manifesto

2. A heavy progressive or graduated income tax.

I prefer original intent, to the 2nd plank.

US Constitution

Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union

US Constitution

No capitation, or other direct, Tax shall be laid, unless in Proportion to the Census or Enumeration herein before directed to be taken.

USA, USA, USA!

[machths]

I like it...so true too.

[kiler be]

Thanks !!!! Now I undrestand.

[03BumbleBee]

Hope it was domestic beer!

[Naa-V-Doc]

No - it's Sam Magoo!

Naa-V-Doc

[کcяεαмιηĐεмση!]

what happens when the first four guys are later found out to have hidden assest in buisness to avoid taxation? i mean the guy appointed to secretary of state or something like that, but had to remove himself because he had not paid his taxes. where were the irs hitmen incharge of that guys account? if wealthy people aren't give privelage then u try something for me, don't pay your taxes for a couple years and see what happens. and then there was that other woman who couldn't hold office for $1500.00 in past due taxes? really? thats a disgrace.......................................... .............

[oxfordmach]